Uninsured and underinsured motorist coverage (UIM) is insurance that protects you in the event you are in an accident in which the other driver is at fault, but doesn’t have  enough insurance to help cover your possible loss of wages or pay for your injuries.

Having UIM coverage is more important than ever. In tough economic times, people look to cut expenses to make ends meet. That’s the reality. Paying the rent and putting food on the table are the top priorities – meaning, more drivers than ever have cut back on their insurance coverage. If you are involved in an accident with a person like this, and they’re at fault, they may not have enough coverage to pay you for the harm and inconvenience you incur. That’s why you need the proper amount of UIM  coverage.

Recommended Underinsure Motorist Coverage 

Our recommendation is that you purchase as much uninsured motorist coverage as you can, even opting for $1,000,000 of UIM coverage if it’s available under your policy. UIM coverage is inexpensive, in most cases, adding no more than $100 a year to your policy – that’s good value, as a hospital stay can crank up your bill to tens, if not hundreds of thousands of dollars in rapid fashion.

Accidents happen in the blink of an eye. You may be doing everything right but still find yourself in a predicament. UIM insurance is a great safety net, though you wouldn’t  now it from an article that Yahoo recently ran. They actually suggested that you should consider dropping your UIM coverage to save money. That’s bad advice… don’t fall for it. There are better places to cut corners.

Questions About Underinsured Motorist Insurance?

If you are curious as to how UMI can assist you in recovering after an accident, contact our law firm by calling (404) 474-0804 or by filling out a form here.